“Great Reset” WEF member and crypto maverick launches regulated exchange in Liechtenstein
A man who is a card carrying member of the World Economic Forum and has connections to Tel Aviv and Silicon Valley with regard to token schemes has been given a license in Liechtenstein for his digital currency exchange. Go figure….
Opinions with regard to digital asset exchanges vary, and of course those familiar with FinanceFeeds well publicized perspective will likely agree or disagree on our negative stance with regard to the ten years worth of “emperor’s new clothes” scenarios that have transpired from this non-existent, unbacked pseudo-asset.
An interesting dynamic, however, is despite the litany of disasters that have been brought about by the cryptocurrency ne’erdowells and mavericks, all of whom appear to consider their improvised approach to be an affront to the mainstream, well established financial system, three of the world’s most important regions for international investment – Luxembourg, Liechtenstein and Switzerland – have embraced them.
LCX.com, the Liechtenstein Cryptoassets Exchange, today announces the launch of its regulated and compliant digital currency exchange. LCX secured approvals of eight licenses under the new Blockchain laws in Liechtenstein last week.
The LCX Exchange is a regulated trading venue offering a range of digital currencies. The cryptoassets trading platform has been built from the ground up, leveraging the proficiency of our progressive crypto portfolio desk, LCX Terminal, LCX DeFi Terminal and our sophisticated crypto compliance suite. Initially LCX.com will offer the most popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC) and LCX Token ($LCX).
Who knows why LCX Exchange was granted a regulatory license in such a prestigious jurisdiction, however founder Monty Metzger, an eccentric German entrepreneur who founded the company alongside Hollywood movie star Wesley Snipes, has his fingers well and truly in the maverick pie.
He is often shown publicly photographed at the World Economic Forum, of which he is a member and regular speaker. The World Economic Forum is the organization which is bestowed with the dubious image of being a major contributor to the proposed “Great Reset” fronted by odious disruptor Klaus Schwab, and has connections in many regions that have been instrumental in bringing about tremendous destruction via cryptocurrency collapses and banal schemes – those being Tel Aviv and Silicon Valley.
On Dec. 30, 2020 LCX secured approvals of eight licenses with the registration Nr 288159, which makes it the first cryptocurrency platform to achieve this important regulatory milestone in Liechtenstein, allowing LCX to offer the broadest scope of blockchain services.
“LCX Exchange is a new generation of cryptocurrency exchange. 2021 will be the year of blockchain innovation and we see crypto compliance as key to success,” says Monty Metzger, CEO & Founder of LCX.com.
The license approvals include compliant crypto exchange (Exchange Service Provider), digital asset and crypto custody (Token Depositary and Key Depositary), reliable price oracles (Price Service Provider), KYC, AML and crypto compliance services for tokenization and other blockchain projects (Identity Service Providers), safe and secure smart contract creation and delivery (Token Generator) and a token offering platform (Token Issuer on behalf of the clients).
In 2014, Mr Metzger founded the venture capitalist known as Digital Leaders Ventures (DLV). At DLV, Metzger was initiator of the FIA Smart Cities Initiative, a global startup contest which was held alongside the Formula E racing series. DLV, in teamwork with the FIA, Formula E and Julius Baer had been identifying, supporting and investing in startups building the future of mobility, smart cities and road safety.
Mr Metzger is Chairman at DigitalLeaders.co, a company which is taking chief executive managers, corporate groups and government delegations on customized learning journeys and tech tours to technology centers such as Silicon Valley, Tel Aviv, Beijing, Bangalore or Tokyo.
In 2018, he founded LCX, a blockchain company based in Liechtenstein. Together with Wesley Snipes, Mr Metzger is working on a blockchain film project and plans to finance film productions by selling and issuing security tokens. Newsweek and the Banking Association Liechtenstein, published an interview with Metzger, about his vision of the future of tokenized digital assets.
Make of this what you will, however it is rather odd that regulatory licenses are being granted. It would be rather like trusting Jeff Tucker or Ross Ullbricht with being custodian of a regulatory remit.